Housing Wire

FEBRUARY 9, 2021

This leaves you with three options if you want to move forward with the sale. Ask for seller concessions to make up for the increased price. Change your closing date to a more convenient one for the seller. If you had an appraisal contingency in your sales contract, you could do this without any sort of penalty.

Earnest money deposit 450

Earnest money deposit Seller concession Loans Lending 450

Easy Agent Pro

SEPTEMBER 5, 2023

Carefully consider factors like inventory levels, average sale prices, and average days on the market before making decisions. Submit Personalized Offer A personalized offer can significantly impact the seller’s decision-making process. Start by researching the current market conditions where you intend to buy a property.

Earnest money deposit 76

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 76

Realty Biz

DECEMBER 5, 2022

The home inspection contingency in a real estate contract allows the buyer to back out of the sale when there are issues. The buyer can have their earnest money deposit returned when this happens. Most of The Time, Having The Seller Make Repairs is a Mistake. How to Negotiate Problems Found at a House Inspection.

Inspection 137

Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 137

Realty Biz

APRIL 20, 2022

When the home inspection finds some problems, the seller might agree to cover the cost and have the problem fixed. The language in the offer to purchase will allow you to escape the sale with your money back. You can’t decide to let the seller know you’re backing out after the inspection clause expires.

Purchase and sale agreement 105

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 105

Realty Biz

MARCH 27, 2022

If you want to give yourself a better chance of having your offer accepted, making it as clean and straightforward as possible will appeal to the seller. Any proposal full of contingencies or seller concessions isn’t going to look as good. Offer a Larger Earnest Money Deposit.

Purchase and sale agreement 116

Purchase and sale agreement Earnest money deposit Seller concession Finance 116

The Close

FEBRUARY 6, 2024

Offer a Sizeable Down Payment Make a big impression by offering a large earnest money deposit (EMD) to hold the contract. That showed the sellers that my clients were more invested and serious about purchasing the home. But every little concession is important when you’re in a bidding war on a house.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75